Russia is slashing its oil output by 5% in retaliation to Western sanctions — but it also likely that it is struggling to find buyers in the first place

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Vladimir Putin
Russian President Vladimir Putin slammed the EU's price cap on Russian crude, calling it "stupid."

Mikhail Metzel/Getty Images

The Iranian armada of 'ghost' ships carrying Russian oil is growing, evading the intensifying Western sanctions on Moscow crude

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Oil Gas Tankers
Oil and gas tankers are anchored off the Marseille harbour, southeastern France, October 27, 2010.

REUTERS/Jean-Paul Pelissier

Russia is aiming for $200 billion of trade with China as it backs 'no limits' partnership with Beijing

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china russia
Russian President Vladimir Putin and Chinese President Xi Jinping.

Reuters/Kim Kyung Hoon

Russia is selling record amounts of crude oil to India to plug the gap in its energy exports after the EU ban

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Russian President Vladimir Putin.

REUTERS/Shamil Zhumatov

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